Stocks in the news (asap, egco, nncl, nok, ptt, sena, spcg, susco, whart) 27.09.19
ASAP launches app, ASAP Limousine, Chauffeur & Limousine services to expand corporate client base, open booking from September 30.
Comment: I do like what they are trying to do here. But the impact of these new services is small relative to their core business
EGCO reports cod 455mw coal-fired Philippines powerplants in 4Q, lifts total capacity to 5,315mw from 27 powerplants in 6 countries, reaffirms big jump 4Q.
NNCL signs JV ALT’s subsidiary to joint invest in telcos infra in its industrial estates
NOK to submit business rehab plan for board approval in November, sees 4Q turnaround.
PTT’s retail subsidiary, PTTOR, debuts its 1st Café Amazon in Sinopec station in Nanning, Guangxi, the 10th country.
SENA reaffirms Bt10b presales target, after Bt6b YTD, eyes 4 projects worth Bt8b in 4Q, targeting Bt4-5b presales.
Comment: That’s impressive numbers from this small-mid size developer
SPCG in talk partner to joint invest in 480mw solar roof top in JPN, to finalize deal in October, will launch hire purchase services for solar roof top clients in 4Q, firms on Bt7b full year revenue target.
Comment: And what could be the benefit of having GULF has a new shareholder?
SUSCO sets Bt1.5-2b 5-years capex to expand gas stations to 300, as well as upgrading existing ones, target 4% market share, seeks new partners for non-oil business, keeps Bt30b revenue target this year.
Comment: The B grade version of PTG, however 1/2 of their business already comes from non-oil businesses.
WHART lodges filing for capital increase for Bt4.88b new batch of assets.